A planned domestic sukuk issue by Saudi Aramco is likely to be in the region of SAR3-6bn (USD800mn to USD1.6bn), Saudi Arabia-based debt capital market bankers said on Tuesday. It would be the first sukuk issue by the state entity, which plans to approach the local investor base first and offer USD-denominated sukuk to international investors at a later stage, the bankers said. The sukuk are expected to be issued over the next two to three months, said the sources, adding, however, that the company and the banks arranging the transaction had not yet issued any official communication on the timeline. (Reuters)